Income Tax Brackets For 2024 Tax Year. 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate). Each bracket applies to a different taxable income threshold, and.

Using the 2024 regular income tax rate schedule above for a single person, joe’s federal income tax is $6,823. Learn how marginal tax rates work, see tables for all filing statuses, and understand changes from 2023.